2300 Thornton Taylor PkwyFayetteville, TN 37334
- Office properties
- 4,374 SF
Property Details for 2300 Thornton Taylor Pkwy
- Year built
- 2001
- Lot size
- 0.55 AC
- Property size (Sq ft)
- 4,374 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 079 03308
- APU
- 7903308
Description
This exceptional mixed-use commercial property, located at 2300 Thornton Taylor Parkway in Fayetteville, Tennessee, presents a unique investment opportunity. Situated on a 0.59-acre lot, this 4,374 square foot building boasts three separate, yet interconnected, units ideally suited for office or retail use. Its prime location within Lincoln County's Medical District ensures high visibility and accessibility, benefiting from one of the area's highest traffic counts. The property features multiple offices and restrooms within each unit, along with convenient employee kitchenettes. Each unit offers both front and rear entrances, providing flexibility and convenience for tenants and employees. The building's established nature offers immediate income potential, making it an attractive proposition for investors seeking a strong return on investment in a thriving commercial area. The property is priced at $699,000 and represents a rare chance to acquire a well-positioned, multi-unit commercial building in a high-demand location. This turnkey opportunity is ready for immediate occupancy and offers significant potential for future growth and development. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $925,120
- 6.5%
- $853,957
- 7%
- $792,960
-
Comparable approach
- Method
- Valuation
- Relative Method
- $712,481
- Geo Method
- $853,192
-
Alternative Use
- Use
- Valuation
- Residential
- $1,058,907
- Hospitality
- $969,953
- Educational
- $806,989
- Medical
- $834,743
- Retail
- $1,255,317
Location Insight
- City
- Fayetteville
- County
- Lincoln
- State
- Tennessee
- Latitude
- 35.1474
- Longitude
- -86.5633
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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